Verisk Analytics, Inc. (NASDAQ: VRSK)

Verisk Analytics, Inc. provides data, analytics and technology solutions to clients in the insurance ecosystem. The company leverages proprietary data assets insurance industry expertise and technological expertise to deliver predictive analytics and decision support tools for rating underwriting claims catastrophe weather risk and other areas. Verisk Analytics, Inc. helps customers make better risk decisions and improve operating efficiency through integrated solutions that can be purchased as components or as a comprehensive package.

Revenue is generated primarily from annual subscriptions or long term agreements for the company’s solutions which represented approximately 81% of total revenue in 2024. The firm offers its products and services to insurance carriers reinsurers and related entities across the United States and internationally. Subscription based arrangements provide a steady and predictable revenue stream.

The company operates through the following segments: Insurance.

• The Insurance segment provides property and casualty insurance solutions including underwriting power loss cost data catastrophe modeling claims management and life insurance services to help customers assess price and manage risk.

Verisk Analytics, Inc. holds a leading position in the insurance data and analytics market due to its extensive proprietary data assets and long standing relationships with insurers. The company competes with other statistical agents specialty technology firms and internal insurance company teams that develop proprietary models. Its competitive advantages include deep insurance expertise a scalable distribution network and the ability to integrate data analytics into client workflows.

The company serves the top 100 property and casualty insurers in the United States as well as 18 of the top 25 global reinsurance companies. Its customer base also includes domestic insurtech firms international insurers and various government agencies that use its risk assessment and emergency response information.